The metaverse-focused company Saga closed a $3.6 million funding round led by Animoca Brands to make the middleware of the metaverse.
Per the description you can find on Saga’s website, the company builds middleware for the metaverse with the goal to empower players and help web3 gamers organize and thrive within their favorite games. They are a decentralized gaming society with the goal to “build a set of cross-chain smart contract tools that interface between gamers, guilds, and games to help educate and onboard the next generation of metaverse souls.”
The company made no announcements yet, but Dean Takahashi of Venture Beat caught the news, thanks for the heads up Dean.
Saga’s approach is player-centric and they want to help Web3 gaming grow across the world with their unique approach. They have an experienced team with a clear goal and a tough ride ahead.
The funding round led by Animoca also saw Delta Blockchain Fund, Genblock Capital, Moonchain Capital, Compute Ventures, NGC Ventures, Highstreet Ventures, M31 Capital, TsingTing Capital, Metal VC, PANONY, Rainmaker Games, Everest Ventures Group, vEmpire, SL2 Capital, and AAG Ventures as other investors.
Marshall Hayner, CEO of Metal Pay, and an investor (also an advisor to Saga) said the following on Twitter:
“Extremely proud to be an investor in this brilliant company and team at http://Soulbound.gg! The team has had this vision for the Metaverse long before anyone even knew what it was, now we unite all souls and virtual lands across chains to build their true identity.”
It will be an interesting adventure to see how good of use will Saga make of this investment. The team looks solid and talented. We’ll keep an eye on them for future news related to what’s coming next from Saga.
